Tuesday, June 30, 2015

Greece Possible Not Pay Debt to IMF

The national flag of Greece in Athens


In addition, the Greek government is also encouraging its citizens to reject the financial reform proposals submitted by creditors in the referendum to be held.


Thousands of Greek citizens took to the streets to take action on Monday night. They supported the local government rejected the proposal submitted proposals creditors.

The talks between the leaders of the Greek left wing and the creditors (ie the European Union, the European Central Bank and International Monetary Fund) have failed before, after Greek PM Alexis Tsipras states would bring the proposal to a referendum.

Tsipras tried to look calm yesterday as he said that on July 5, will be held a vote on the proposal creditors who want financial reform. It was rated as a weapon in the face of creditors ..

However, Tsipras also explained that Greece is unable to pay a debt of 1,5 billion euros (about 1,7 billion US dollars)
(KOMPAS.com)
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